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RE: The Banks Are Cooked

in Threespeak13 days ago

Banks, at least in my country, Italy, have long been useless institutions whose role is only to suck money out of businesses and entrepreneurs or to give 0% or little more to their depositors...

The Banks Are Cooked

I agree with you and I sincerely hope to see a post title on Hive like this soon: "Banks are dead".
But I think it will take some more time...unfortunately.

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The Italian banking system is more than useless; it is a total mess. This is an ongoing threat to the entire banking system in the EU. It is something that I keep watching as a sign of trouble. It could start cracking at any time.

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